401(k) · DOL Form 5500 · 2023

Silveredge Business Systems, Ltd. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
28
Participants Small participant base
73rd
Percentile by assets National rank
$732,453
Avg per participant High balance/head
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Official DOL plan name: Silveredge Consulting 401(k) Before-Tax Savings Plan · Sponsored by Silveredge Business Systems, Ltd. · North Carolina · Professional & Technical Services

$21M in assets, 28 participants

Silveredge Business Systems, Ltd.'s Silveredge Consulting 401(k) Before-Tax Savings Plan reported $21M in total assets and 28 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,837 in Professional & Technical Services (20,321 peers)

Silveredge Business Systems, Ltd. multi-year trail

Silveredge Business Systems, Ltd.'s plans moved +22.4% in assets from 2022 to 2023; this filing shows Silveredge Consulting 401(k) Before-Tax Savings Plan at $21M / 28 participants.

#14,837
in Professional & Technical Services (20,321 peers)
+22.4%
assets growth YoY

Silveredge Consulting 401(k) Before-Tax Savings Plan's outsized position by total assets

Silveredge Consulting 401(k) Before-Tax Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$20,508,677 Top 27% higher than 73% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Silveredge Consulting 401(k) Before-Tax Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Silveredge Consulting 401(k) Before-Tax Savings Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Silveredge Consulting 401(k) Before-Tax Savings Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Silveredge Consulting 401(k) Before-Tax Savings Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Silveredge Consulting 401(k) Before-Tax Savings Plan reported participants rose from 25 in the plan year 2022 filing to 28 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 363541244 · Silveredge Business Systems, Ltd. PY 2023 · 401(k)

Silveredge Consulting 401(k) Before-Tax Savings Plan · $21M · 28 · 73rd

  • VS-ST $21M
  • VS-ST 28
  • VS-ST 73rd
  • VS-ST 401(k)
  • VS-ST near Fred Martin Motor Company 401(k) Profit Sharing Plan & Trust
  • VS-ST ind #14837

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in North Carolina →

Silveredge Consulting 401(k) Before-Tax Savings Plan in the asset neighbourhood

Silveredge Consulting 401(k) Before-Tax Savings PlanSilveredge Consulting 401(k)…$21MFred Martin Motor Company 401(k) Profit Sharing Plan & TrustFred Martin Motor Company 40…$21MMedford Leas 401(k) Plan$21MDaily's Premium Meats Retirement PlanDaily's Premium Meats Retire…$21MConsulting Solutions 401(k) PlanConsulting Solutions 401(k) …$21M
End-of-year total assets ($M) among Silveredge Consulting 401(k) Before-Tax Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Silveredge Business Systems, Ltd. multi-year asset trail

Sponsor-wide plan assets over time

All Silveredge Business Systems, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 22.398992384214633% vs 2022
2023 filing year
$16M$18M$20M$22M 20222023 $16.8M $20.5M ▲ +22.4%
Year Plans Participants Total Assets
2022 1 25 $17M
2023 2 52 $21M

Silveredge Business Systems, Ltd. filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN363541244
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Silveredge Consulting 401(k) Before-Tax Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Silveredge Consulting 401(k) Before-Tax Savings Plan, Total assets ($B): 0.020508677 · Participants: 28Silveredge Consulting 401(k) Before-Tax Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Silveredge Consulting 401(k) Before-Tax Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Silveredge Consulting 401(k) Before-Tax Savings Plan side-by-side with 3 peers →

Silveredge Consulting 401(k) Before-Tax Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Fred Martin Motor Company 401(k) Profit Sharing Plan & Trust in OH ($21M); by covered participants it is Direct Urgent Care, Inc. 401(k) Plan in CA (28 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (28 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Silveredge Consulting 401(k) Before-Tax Savings Plan assets move in 2023? ▼
Silveredge Consulting 401(k) Before-Tax Savings Plan grew sharply - up 22.4% during 2023, from $17M to $21M. Reported net income was $4M.
How have Silveredge Business Systems, Ltd. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Silveredge Business Systems, Ltd.'s sponsor-wide assets grew 22.4%, from $17M to $21M.
Which 401(k) plans are similar in size to Silveredge Consulting 401(k) Before-Tax Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fred Martin Motor Company 401(k) Profit Sharing Plan & Trust in OH ($21M, 309 participants).
Which 401(k) plans cover a similar participant headcount to Silveredge Consulting 401(k) Before-Tax Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Direct Urgent Care, Inc. 401(k) Plan in CA (28 participants, $848K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363541244.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.